solution. Six thinking hats is the method that help everyone organize their thought step by step and help the group focus on the same type of thinking at the same time. Using six thinking hats in individual‚ for example‚ I wanted to buy a brand new car last year. First‚ I compared the suitable price with my budget – white hat. After that‚ the thought I will not find the car I like within my budget came out from my feeling
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ORGANIZATION GROUP FLOW In an organization‚ communication flows in 5 main directions- 1. Downward 2. Upward 3. Lateral 4. Diagonal 5. External 6. Laissez-faire 1. Downward Flow of Communication: Communication that flows from a higher level in an organization to a lower level is a downward communication. In other words‚ communication from superiors to subordinates in a chain of command is a downward communication. This communication flow is used by the managers to
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Introduction Month-end closing in ABC company is performed to finalize a snap shot of transactional activities for the previous month. It is an important activity that provides the basis for financial and management reporting of the company. It is performed for the last time for a particular month to ensure that all transactions are posted and reflected on reports. The month is officially closed when all of the month end processes are complete (including posting.) The month being closed remains
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in a religious family during segregation times. He attended segregated public schools in Georgia and graduated from high school at the age of fifteen. He also studied at Crozer Theological Seminary‚ the same place where he was elected president of a predominantly white senior class. Later on Martin Luther King pursued to become a pastor of Dexter Avenue Baptist Church in Alabama. From there he became involved in a bus boycott and other segregation uproars‚ but he did with non-violence and civil
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February 15‚ 2013 Rajesh Chakrabarti op yo Hedging Currency Risk at TT Textiles It was a hot March morning in Kolkata in the year 2009. Sanjay K. Jain‚ —Joint Managing Director of TT Textiles‚ watched the sunlight stream in through his office windowpane. But his mind was elsewhere‚ tracking the movements of the Swiss franc (CHF) in the last few months and the world events that had caused them. The Swiss franc had touched 1.17 CHF/US$ from the previous year’s record of 0.96CHF/US$. That was good
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How Information Flows Within an Organization Roger D. Jones Jr. CIS 207 November 29‚ 2014 Cornell Perry Information has to travel through different types of pathways in order to be received and used. Think of the pathways of information like the transit system. Information is loaded into systems by using input devices‚ like keyboards or touchscreens. After the information is imputed it is transferred to some type of storage medium‚ whether hard disk drive‚ RAM‚ or CD’s or DVD’s
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Can China Feed Itself? China has become one of the world’s most respected and developed countries in the world. Even though‚ in their past they were held back from releasing their unlimited potential. Only recently‚ have they started their Industrial Revolution and passed all of their expectations. However‚ with their commanding success‚ demanding problems followed. China is running out of food for the nation. This‚ obviously is a big problem‚ with many factors such as: Population China’s
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passed the first series of taxes on the colonist‚ known as the Sugar Act and the Currency Act. As a result it would be the beginning of colonial opposition against the crown. These Acts were a result of England’s debt after the Seven Year war and they saw the colonies as a source of revenue. When England implemented the Sugar Act it actually cut taxes on English goods‚ and in so doing it thought it would reduce smuggling from the French West Indies‚ but it had the opposite effect. The tax also hit during
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Bishop Jacques Bossuet- He was one of the chief theorists of divine-right monarchy in the seventeenth century. He argued that government was divinely ordained so that humans could live in an organized society in his book Politics Drawn from the Very Words of Holy Scripture. ‘divine right’- The belief that power is received from God and you are responsible God only. The order of the ruler must be obeyed because it is the order of God. France Cardinals Richelieu- Cardinal Richelieu was Louis
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risk with either currency futures or currency options. It is generally suggested that hedgers should choose a hedge instrument that matches the risk profile of the underlying currency position as closely as possible. This advice‚ however‚ ignores the possibility that the hedging effectiveness may differ for the alternate risk management tools. This study compares the effectiveness of currency futures and currency options as hedging instruments for covered and uncovered currency positions. Based on
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